Call reports 2008
FLATWATER BANK — 2008
What FLATWATER BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 105,140,000 | 101,627,000 | 102,678,000 | 105,245,000 |
| Total loans | 68,786,000 | 69,876,000 | 73,260,000 | 72,163,000 |
| Allowance for loan losses | 1,103,000 | 1,104,000 | 1,117,000 | 1,068,000 |
| Securities available for sale | 14,176,000 | 13,856,000 | 13,398,000 | 14,990,000 |
| Securities held to maturity | 3,287,000 | 3,009,000 | 2,907,000 | 2,710,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,288,000 | 82,894,000 | 83,708,000 | 86,794,000 |
| Interest-bearing deposits | 78,012,000 | 74,270,000 | 75,064,000 | 76,462,000 |
| Noninterest-bearing deposits | 10,276,000 | 8,624,000 | 8,644,000 | 10,332,000 |
| Equity capital | 10,690,000 | 10,653,000 | 10,872,000 | 11,013,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,555,000 | 3,049,000 | 4,561,000 | 6,092,000 |
| Interest expense | 711,000 | 1,359,000 | 1,973,000 | 2,601,000 |
| Net interest income | 844,000 | 1,690,000 | 2,588,000 | 3,491,000 |
| Noninterest income | 243,000 | 464,000 | 684,000 | 900,000 |
| Noninterest expense | 622,000 | 1,273,000 | 1,922,000 | 2,703,000 |
| Provision for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Pretax income | 365,000 | 781,000 | 1,250,000 | 1,588,000 |
| Income tax | 106,000 | 229,000 | 372,000 | 469,000 |
| Net income | 259,000 | 552,000 | 878,000 | 1,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,164,000 | 10,292,000 | 10,454,000 | 10,530,000 |
| Total capital | 11,157,000 | 11,286,000 | 11,485,000 | 11,557,000 |
| Risk-weighted assets | 79,344,000 | 79,411,000 | 82,403,000 | 82,105,000 |